Freestanding Auto Repair
For Sale
$795,000
1118 E Moore Avenue, Terrell, TX 75160
Freestanding facility includes collision-repair improvements, grade-level access, and a secured vehicle-storage yard.
Property Size4,000 SF
Lot Size0.36 Acres
Price / SF$198.75
Days on Market12
Property Features for 1118 E Moore Avenue
General Information
Standard status
Active
Size
4,000 SF
Lot size
0.36 Acres
Property subtype
Business
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Utilities to Site
Yes
Additional Details
Service Bays
4
Amenities
reception area
private office
break room
ADA-accessible restroom
Building Details
Year Built
1985
Buildings
1
Listing Agency:
Coldwell Banker Realty
(214) 828-4300
Listed By:
Rene Jensen · License #0720823
(214) 532-6823
Source:
Lonestarluxuryrealty
Added: Aug 1
Changed: Aug 11
Last Checked: Aug 12 at 6:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This 4,000-square-foot freestanding automotive facility occupies a 0.36-acre lot in Terrell, Texas. The building is configured for collision and repair operations with three grade-level roll-up bays, 8 to 14 feet of ceiling clearance, two-post vehicle lifts, and a preparation bay with drive-through access. A reception area, private office, break room, and ADA-accessible restroom support daily operations. The stone-and-metal exterior was completed in 1985, and the property includes city water and sewer, asphalt parking, plus a fenced and gated rear yard for vehicle storage.
The property is positioned just off Highway 80 along E. Moore Avenue, with access toward Dallas and Mesquite. Commercial zoning and the existing automotive layout support continued use as an auto body, mechanical, tire, detailing, or specialty repair facility.
The property is positioned just off Highway 80 along E. Moore Avenue, with access toward Dallas and Mesquite. Commercial zoning and the existing automotive layout support continued use as an auto body, mechanical, tire, detailing, or specialty repair facility.
Key Highlights
- 4,000 SF automotive repair and collision facility on 0.36 acre
- Three grade‑level roll‑up bays with 8 to 14 ft ceiling clearance
- Prep bay includes drive‑through access and two‑post vehicle lifts
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$66,743
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.40%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,334,860
$1.3M
Cap Rate 7%
$953,471
$953.5K
Cap Rate 9%
$741,589
$741.6K
Market Conditions
NOI Build-Up for 4,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$99.8K $24.96/SF
− Vacancy
−$4.5K −$1.12/SF
EGI
$95.3K $23.84/SF
− OpEx
−$28.6K −$7.15/SF
NOI
$66.7K $16.69/SF
Area
Kaufman County, TX
Vacancy
4.50%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,334,860
Cap Rate 7%
$953,471
Cap Rate 9%
$741,589
Alternative Uses
Best Use
Retail
$953.5K
$834.3K – $1.11M
NOI $66,743 @ 7.0% cap · market cap 8.40%
Second Best
Industrial
$367.7K
$321.8K – $429.0K
NOI $25,741 @ 7.0% cap · market cap 3.24%
Theoretical Best
Multifamily LT 5
$50.34M
$44.05M – $58.73M
NOI $3,523,926 @ 7.0% cap · market cap 443.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Service bays
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
887
Businesses Nearby
43k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 80%
Dining 18%
Electronics 3%
Shell
Shops & Services
11,305 visits/mo
0.1 miles
Dollar General
Shops & Services
8,940 visits/mo
0.2 miles
Wells Fargo
Shops & Services
7,303 visits/mo
0.2 miles
Shipley Do-Nuts
Dining
6,642 visits/mo
0.5 miles
AutoZone
Shops & Services
4,716 visits/mo
0.4 miles
Demographics for 75160, TX
26,632
Population
8,895
Households
3
Avg Household Size
38
Median Age
20%
College-Educated
82%
High-School Grad
118.2 sq mi
ZIP Area
225
Density / Sq Mi
$70,862
Median Household Income
$38,493
Median Earnings
$1,177
Median Rent
$221,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Mobile PM Services
- Tires Plus — 410 e moore ave, terrell, tx 75160
- AA Mobile Truck and Trailer Repair — Terrell, TX 75160
- Joelopy's Garage — 328 e grove st, terrell, tx 75160
- Tires Plus Cees — 410 E Moore Ave, Terrell, TX 75160
Frequently Asked Questions
What type of property is this?
Auto shop - Freestanding facility includes collision-repair improvements, grade-level access, and a secured vehicle-storage yard.
Where is this auto shop located?
The property is located at 1118 E Moore Avenue Terrell, TX.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 4,000 SF automotive repair and collision facility on 0.36 acre; Three grade‑level roll‑up bays with 8 to 14 ft ceiling clearance; Prep bay includes drive‑through access and two‑post vehicle lifts
